LG U+ signs patent portfolio agreement with Rovi

Rovi has entered into an entertainment discovery patent licence agreement with LG Uplus Corporation (LG U+), a South Korean cellular carrier owned by the LG Group, Korea’s fourth largest conglomerate and parent company of the consumer electronics giant. This licence agreement provides LG U+ with access to Rovi’s patent portfolio.

LG U+ provides real-time live TV programmes and VoD services through high-speed Internet and wireless networks in Korea. The company’s smart mobile IPTV service provides two-way services, terrestrial and HD broadcasting in real time, and 130,000 VoD episodes on the back of high-speed Internet broadcasting services.

“Our licensing agreement with LG U+ is a testament to the value of Rovi’s intellectual property and the entertainment discovery patent portfolio’s significance for service providers around the world,” said Samir Armaly, executive vice president, intellectual property and licensing, Rovi. “We are looking forward to working with LG U+ and helping to provide new and innovative ways for viewers to search and find their favourite programming in the Korean market.”